Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers O > Headlines for OP Corporate Bank plc > News item |
OP Corporate extends consent solicitation on four instrument series
By Taylor Fox
New York, March 12 – OP Corporate Bank plc extended the consent solicitation in respect of its outstanding €60 million 3¾% instruments due March 1, 2022 (ISIN: XS0752059963), €50 million 3.068% instruments due Aug. 23, 2027 (ISIN: XS0819129395), €30 million 3.068% instruments due March 21, 2034 (ISIN: XS1048099367) and €30 million 3.015% instruments due March 31, 2034 (ISIN: XS1050669537) to 11 a.m. ET March 19 from 11 a.m. ET March 12, according to a news release.
Holders of instruments who have previously delivered valid instructions in favor of the relevant proposal do not need to redeliver their instructions.
OP Corporate is inviting holders to approve by way of an extraordinary resolution by unanimous consent the proposal, including modifications to the terms and conditions of the series.
A meeting of holders will be held at 5 a.m. ET March 24 via teleconference, and the results will be announced as soon as practicable after the meeting.
OP Corporate also announced the extraordinary resolutions regarding its outstanding €40 million 3% instruments due April 11, 2034 (ISIN: XS1054250748) and NOK 200 million 3.8% instruments due May 27, 2029 (ISIN: XS1069616206) have been approved by unanimous consent.
The consent fee will be paid no later than the third business day following the meeting.
The consent solicitation was announced on March 2.
Lucid Issuer Services Ltd. (+44 20 7704-0880; op@lcuid-is.com) is the tabulation and information agent.
The bank is based in Helsinki, Finland.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.